The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Seven & i Holdings Co's current ratio for the quarter that ended in Feb. 2024 was 0.99.
Seven & i Holdings Co has a current ratio of 0.99. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Seven & i Holdings Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Seven & i Holdings Co's Current Ratio or its related term are showing as below:
SVNDY'
s Current Ratio Range Over the Past 10 Years
Min: 0.94 Med: 1.17 Max: 1.2
Current: 0.99
During the past 13 years, Seven & i Holdings Co's highest Current Ratio was 1.20. The lowest was 0.94. And the median was 1.17.
SVNDY's Current Ratio is ranked worse than 69.52% of 315
companies
in the Retail - Defensive industry
Industry Median: 1.29
vs SVNDY: 0.99
Seven & i Holdings Co Current Ratio Historical Data
The historical data trend for Seven & i Holdings Co's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Seven & i Holdings Co Annual Data
Trend
Feb15
Feb16
Feb17
Feb18
Feb19
Feb20
Feb21
Feb22
Feb23
Feb24
Current Ratio
1.15
1.20
1.05
0.94
0.99
Seven & i Holdings Co Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Current Ratio
0.94
0.86
0.82
1.00
0.99
Competitive Comparison
For the Grocery Stores subindustry, Seven & i Holdings Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Seven & i Holdings Co Current Ratio Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Seven & i Holdings Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Seven & i Holdings Co's Current Ratio falls into.
Seven & i Holdings Co Current Ratio Calculation
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
Seven & i Holdings Co's Current Ratio for the fiscal year that ended in Feb. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Seven & i Holdings Co (OTCPK:SVNDY) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Seven & i Holdings Co Current Ratio Related Terms
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Seven & i Holdings Co (Seven & i Holdings Co) Business Description
Seven & i Holdings operates 7-Eleven, the world's largest convenience store chain, with nearly 72,000 stores globally. C-store operations, mainly in Japan and North America, represent 75% of group sales (54% of operating revenue) and nearly 85% of operating profits. 7-Eleven Japan, the market leader in Japan's C-store industry, has acquired 45% value share and 38% share in store count. 7-Eleven Inc., the largest C-store chain in the U.S., made a $21 billion acquisition of Speedway in 2020. The deal lifted its total store count to about 13,700. Other retail activities including superstores, department stores, and specialty retailers either earn low margins or are in the red. The financial business, mainly ATM operations, is the other key profit contributor.
Seven & i Holdings Co (Seven & i Holdings Co) Headlines
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